The idea that efficient producers can benefit from trading with inefficient producers is known as

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The concept that efficient producers can benefit from trading with inefficient producers is encapsulated in the principle of comparative advantage. This principle suggests that even if one country is more efficient in producing all goods compared to another country, both can still benefit from trade if they specialize in producing the goods for which they have a comparative advantage, i.e., where their efficiency is relatively higher compared to the other goods they produce.

The Idea That Efficient Producers Can Benefit from Trading with Inefficient